With Congress passing a new $480 billion round of funding, including $310 billion for the Paycheck Protection Program (PPP) banks are about to get deluged with new submissions from small businesses in dire need of money to help them survive the economic shutdown caused by Covid-19 pandemic. And the crush of submissions during the first […]
Automation Key to Banks Keeping Up with PPP Submissions Read More »
The best marketers are those who can make some of the most mundane subjects come to life. How do you talk about loans without making people curl up? How do you obtain younger customers and still appeal to your older ones? We know social media and banks don’t seem to go hand in hand, but
6 Social Media Tips for Banks and Financial Institutions Read More »
Google is the latest big tech company to make a move into banking and personal financial services: The company is gearing up to offer checking accounts to consumers, as first reported by the Wall Street Journal, starting as early as next year. Google is calling the projected “Cache,” and it’ll partner with banks and credit
Google to offer checking accounts in partnership with banks starting next year Read More »
With the fintech revolution disrupting even the largest financial institutions, one might expect that small, community banks would have no chance of keeping up. But as it turns out, these institutions are playing a key role in the fintech revolution. As the Los Angeles Times recently detailed, many small, community banks are riding the fintech
A recent McKinsey report calls for bold moves from banks as they prepare for a possible economic downturn. For 35% of banks, it’s a “do or die moment,” to reinvent their business models if they want to survive the next recession, the consulting firm said. The report identifies 5 disruptive trends that will make this
Here are the 5 disruptive trends big banks need to watch ahead of possible recession Read More »
Subscribe Now Get The Financial Brand Newsletter for FREE – Sign Up Now The “Power 100” Social Media Database from The Financial Brand Subscribe to The Financial Brand via email for FREE! The top 100 banks on Twitter ranked by their number of all-time followers for the third quarter of 2019. If you
Top 100 Banks On Twitter for the Third Quarter of 2019 Read More »
Subscribe Now Get The Financial Brand Newsletter for FREE – Sign Up Now The “Power 100” Social Media Database from The Financial Brand Subscribe to The Financial Brand via email for FREE! The top 100 banks on YouTube ranked by their number of all-time video views for the third quarter of 2019. If
Top 100 Banks on YouTube for the Third Quarter of 2019 Read More »
The first interaction with the potential client defines the relationship that you’re going to have. For most users, the first time they get to meet your brand is going to be on the web. And so their digital onboarding journey begins. The thing that seals off the first impression when dealing with a financial institution
Digital Onboarding – the First Step of Your Bank’s Digitalization Read More »
When 69% of small business owners say they would switch to a bank which provides all the features and services they need, there is a problem. Even more distressing is the fact that only 9% of owners say their bank addresses all their small business needs. This means 91% of owners feel banks are not
A new report highlights a growing fear among Canadians that’s tied to the rapid advancement of artificial intelligence. An online study conducted by Environics Research Group revealed that 77 per cent of Canadians are concerned that AI is advancing too quickly to properly understand its potential risks. The survey of 1,200 Canadians was sponsored by
